3 months on rocket

1 Michigan Ave, Ocean City, NJ, 08226

$2,699,999

7 Bedrooms
5 Full Baths, 2 Partial
3,323 SqFt
$813/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingThree or More Cars
Attached GarageYes
Year BuiltNew Const., 2023
HeatingNatural Gas
CoolingCentral Air
FireplaceLiving Room
Private PoolYes
MLS #588622
StatusActive

About 1 Michigan Ave

The Most affordable New Construction on a 50 ft. lot currently available on the island!! 7 bedrooms plus a flex room (can sleep 17). Luxury awaits in this custom-built single family home located in Ocean City's most desirable Riviera neighborhood. Featuring 7 bedrooms (plus a study)5 full baths along with 2 half baths, this one-of-a-kind home built by Dean Adams Custom Builders has tons of upgrades throughout and is ready for its new owners. This home boasts 3 levels of living along with a 4-stop elevator. The custom features include premium contemporary crown molding throughout the heart of the home, with ¾” thick hardwood flooring from top to bottom with added insulation in the walls, floors and ceilings to enhance the quietness of the home and a state of the art electric fireplace. The kitchen layout is suited for the largest kitchen island possible and additional cabinets to accommodate larger seating areas. Appliance package is Cafe’ Series by GE, also featuring a double oven, French -Door refrigerator, dishwasher, 36 inch gas cooktop, 24-inch microwave by Sharpe with concealed controls, two door wine and beverage cooler by Zephyr, as well as an oversized GE Washer & Dryer. The third-floor flex space, has endless options and can be used as a master bedroom suite, family room or office, and is equipped with a closet, a half bathroom and full bathroom, a coffee bar along with a wine and beverage cooler by Zephyr. The lucky new homeowners will also enjoy a beautiful 10x16 in-ground pool with a bullnose edge deck, a HUGE patio and multiple decks. The entrance ceilings on both front and rear composite decks have been upgraded to Versatex, prefinishedand pre colored canvas series soffits with a 30-year warranty on the finish. Upper floors have fiberglass decking with drainage. A front to back full ground level cemented floor (1,400 sq. feet) providing TONS of additional storage, perfect as owner’s closets for pool equipment, beach gear and so much more with multiple access locations under the entire home. There is enough room to park a minimum of 7 cars, with 1 attached garage and 1 detached garage. Additional attributes: upgraded lighting, audio system/Wi-Fi throughout the indoor and the outdoor of the home with speakers in the dining room, living room and all of the deck and pool space, pre-wired security system and cameras are located in the front and rear entrances of the home. A unique one-of-a-kind Riviera property close to the water that you will want to call Home. Easy to show, call today.

Property Details

Property Features

Property Information:

  • Architectural Style: 3 Story
  • Year Built: 2023
  • Stories: 3
  • Living Area: 3,323 SqFt

Listing Office:

  • Office Name: Compass New Jersey-Ocean City
  • Office Phone: (609) 322-7390

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Hardwood
  • Interior: Elevator, Walk In Closet
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Deck, Outside Shower, Pool-In Ground, Porch

Parking Information:

  • Attached Garage: Yes
  • Parking: Three or More Cars

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Turn on to Michigan Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,699,999
  • Price Per SqFt: $813/SqFt

Tax Information:

  • Annual Amount: $6,642
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ocean City, NJ.

Med. Sold Price

$915.8K

Med. Price/SqFt

$692

Avg. Days On Market

74

# of Sold Homes

33

1 Michigan Ave vs Ocean City

108 DAYS ON ROCKET

+34 Days

$2,699,999

+$1.7M More

$813/SqFt

+$121 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $121/SqFt more than other homes in Ocean City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #588622

Listing Office:

  • Office Name: Compass New Jersey-Ocean City
  • Office Phone: (609) 322-7390

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:21:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 03, 2021Home Sold
$900,000
Jun 19, 2017Home Sold
$465,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,642$686,900
2019$6,580$686,900
2018$6,581$686,900
2017$6,477$686,900

History based on county public records data.

Payment Calculator

$13.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,161

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4477971
5
/10
  • Ocean City Primary School

  • 550 West Ave

  • 1.37 miles

  • Public District Grades PK-3

school-card-donut-4477972
5
/10
  • Upper Township Elementary School

  • 50 N Old Tuckahoe Rd

  • 2.92 miles

  • Public District Grades 3-5

school-card-donut-4477973
2
/10
  • Dawes Avenue Elementary School

  • 22 W Dawes Ave

  • 3.65 miles

  • Public District Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,598. The majority of Ocean City, NJ residents have income between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1 Michigan Ave

What is the listing price of this property?

The listing price of 1 Michigan Ave property is $2,699,999.

What type of property is this?

The property 1 Michigan Ave is a house located in Ocean City, New Jersey, 08226.

Is this property for sale now?

Active Listing: 1 Michigan Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,642 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 3, 2021 for $900,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1 Michigan Ave has 7 bedrooms and 5 full and 2 half bathrooms.

What is the square footage of this property?

The property 1 Michigan Ave is 3,323 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1 Michigan Ave is 2023.
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Rocket HomesNew JerseyCape May CountyOcean City082261 Michigan Ave

This home is located at 1 Michigan Ave in Ocean City, NJ and zip code 08226. This 3,323 square foot home was built in 2023. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since September 01, 2024 and is currently priced at $2,699,999.

While more than 5 listings in Ocean City, NJ in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 20 were sold below. The number of listings in Ocean City, NJ decreased by 9.3% between October 2024 and November 2024. Listings spent 74 days on the market in November 2024, and had a median list price of $915,800 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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